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Friedman and Feltheimer also noted that Lionsgate is more judicious in how it allocates its financial resources than other major studios. It budgeted "Divergent" as a "commercial" film, they said, but not as a "blockbuster." That's in marked contrast to the approach that's been on display at the multiplexes this summer, often with diminishing results. Studios like Universal and Disney had their share of successes, but they also lavished $100 million-plus budgets on more dubious projects like "R.I.P.D." and "The Lone Ranger." Sony suffered two high-profile flops in the form of "White House Down," which cost $150 million to produce and brought in $125 million worldwide, and "After Earth," which has earned $244 million while costing $130 million. Disney said this week that the failure of "The Lone Ranger" at the box office will force it to take a $160-$190 million write-down and Sony's lackluster performance resulted in a very public rebuke from its largest investor, Third Point's Daniel Loeb. In the Wall Street Journal on Friday, former Variety editor Peter Bart issued a wake-up call to the industry, writing, "The losses have been daunting to the major studios whose strategy is built around the premise that bigger is better. It's also disappointing to moviegoers, who show strong signs of superhero fatigue." In contrast, Lionsgate has been more cautious about entering into the crowded summer tentpole season, releasing films like "Now You See Me" and "Kevin Hart: Let Me Explain" as counter-programming and receiving a strong box office response. <br>Source: http://movies.yahoo.com/news/hollywood-note-lionsgates-divergent-could-cost-effective-blockbuster-220052318.html

Sent! A link has been sent to your friend's email address. Join the Nation's Conversation To find out more about Facebook commenting please read the Conversation Guidelines and FAQs Sundance 'Next Weekend' festival heads to Hollywood USATODAY 2:20 p.m. EDT August 7, 2013 The Sundance FIlm Festival heads to sunny Hollywood for the "Next Weekend" festival Aug 8 to 11. SHARE 5 CONNECT 5 TWEET COMMENTEMAILMORE The Sundance Film Festival is synonymous with parkas, snow and the mountains of Utah. But on Thursday, the festival will head to sunny Los Angeles for its first ever "Next Weekend" Film Festival, which runs August 8 to 11. The summer film festival will present four days of screenings, parties and artist programs celebrating independent film in the white hot center of Hollywood. <br>Source: http://www.usatoday.com/story/life/movies/2013/08/07/sundance-film-festival-next-weekend-hollywood/2628439/

Chaos Hits Hollywood Rehab Center After THR Investigation

http://www.hollywoodreporter.com/news/tvs-10-billion-ad-grab-600438?AP THR INVESTIGATION: 2 DEATHS AT AN A-LIST HOLLYWOOD REHAB The drowning of a shop-happy alcoholic and an Oxy-Contin OD by the son of an NYC real estate kingpin, both in the same room at L.A.s posh One80 Center, lead to troubling accusations that the Hollywood players and billionaires who dry out there can half-ass recovery -- with disastrous results. http://www.hollywoodreporter.com/news/a-list-hollywood-rehab-deaths-599797?AP CORY MONTEITHS LAST CHANCE: INSIDE THE REHAB CENTER HE LEFT EARLY Four months before his death, the troubled Glee star checked into an Antigua-based facility that bans electronic devices, foul language and revealing clothing -- even for celebrities; Britney Spears once checked in and walked out within 24 hours. http://www.hollywoodreporter.com/news/glee-star-cory-monteiths-death-599798?AP FOX 21S BERT SALKE REVEALS WHATS NEXT FOR HOMELAND (Q&A) The cable studio president talks to THR about his three http://clarettamc.skyrock.com/3176538631-Kim-Kardashian-Pens-Thank-You-Note-to-Fans-Is-Embracing-Motherhood.html dream writers, the reason hell one day be fired, and what its like to compete with his wife, NBCs Jennifer Salke. http://www.hollywoodreporter.com/news/homeland-sons-anarchy-fox-21s-599758?AP CBGB TRAILER: GO INSIDE THE GREATEST ROCK CLUB EVER Alan Rickman leads an all-star cast in the true story of the famed New York nightclub, hitting theaters this fall. http://www.hollywoodreporter.com/news/cbgb-trailer-go-inside-greatest-601919?AP SOURCE: BRUCE WILLIS LEFT EXPENDABLES 3 OVER $1 MILLION-A-DAY FEE DEMAND A source says the actor was offered $3 million (visit) for four days of work shooting in Bulgaria but said he would drop out if he didnt get $4 million http://www.hollywoodreporter.com/news/bruce-willis-left-expendables-3-602051?AP BOX OFFICE FEAR: FAMILY FILM PILE-UP, FATIGUE MAY EXTEND TO SPRING DreamWorks Animations Mr. Peabody & Sherman, Disneys Muppets Most Wanted and Rio 2 all hit within weeks of each other -- even as Jeffrey Katzenberg admits audience fatigue slowed this summers Turbo. http://www.hollywoodreporter.com/news/muppets-wanted-stokes-box-office-600252?AP Copyright 2013 The Associated Press. <br>Source: http://www.washingtonpost.com/entertainment/tv/the-hollywood-reporters-best-stories-of-the-week/2013/08/08/f0babec2-007a-11e3-8294-0ee5075b840d_story.html

Earthquake fault risk to Hollywood skyscrapers hidden, foes say

"They said theres no evidence of a fault on their site. But yet theres good evidence from go here now the California map -- which they knew about -- but which never made its way into the [environmental impact report], Silverstein said. The head of the California Geological Survey, John Parrish, has previously told The Times the states official map updated in 2010 appears to show strands of the Hollywood fault going underneath the Millennium site, where the developer wants to build towers 39 and 35 stories tall flanking the iconic Capitol Records building. Parrish said more underground testing is needed to confirm the faults path. Luke Zamperini, a spokesman for the citys Department of Building and Safety, said the city agrees that more investigation is needed. We completely agree that further study needs to happen, and thats why we asked the developer to do more, Zamperini said. In a statement to The Times, Philip Aarons, a founding partner of the New York-based company Millennium Partners, called Silversteins allegations baseless. The emails simply prove that we and the city have considered and disclosed information regarding the pre-existing maps and other general information for many months, Aarons said. <br>Source: http://www.latimes.com/local/lanow/la-me-ln-hollywood-fault-millennium-20130807,0,3258562.story

Former Beverly Hills greeter now works Hollywood's grittier streets

our editor recommends THR Investigation: 2 twitter Deaths at an A-List Hollywood Rehab Meanwhile, the LAPD has revealed to THR that, after reviewing the article, it is taking another look at the circumstances surrounding two One80 client fatalities that had been deemed accidental deaths. Well see if theres any major dereliction that could lead to something criminally, says Detective John Skaggs of the West Bureau Homicide division. THR INVESTIGATION: 2 Deaths at an A-List Hollywood Rehab On Thursday morning,One80s lead investor Edward Kislinger arrived accompanied by an attorney and several replacement staffers at the facilitys Summitridge Drive headquarters in Beverly Hills, near the Franklin Canyon reservoir. He informed the staff that Shohet and Fried had been deposed, effectively immediately, and that he had been appointed as interim CEO. A replacement clinical director, tech supervisor and CFO also were named. Shohet soon arrived running past two security guards installed by the investors specifically to thwart his entrance -- and refused to leave, visit our website saying that he couldnt be fired. A chaotic showdown ensued as the day progressed, according to sources. <br>Source: http://www.hollywoodreporter.com/news/chaos-hits-hollywood-rehab-center-603509

The Hollywood Reporter?s best stories of the week

"Once I put the red coat on I become Superman," he said. "I can talk to anyone and I'm not intimidated by celebrities." Donovan says he was blind-sided by the unexpected layoff from his Beverly Hills gig. He said he refused to accept a $7,000 severance package when the visitors bureau asked him to give up his red coat, and the rights to his "ambassador" image and "Welcome to Beverly Hills! You have arrived!" slogan. After living on residual checks from cameo roles as a greeter in films such as "Crocodile Dundee in Los Angeles," "Hollywood Homicide" and "Six Days in Paradise," Donovan decided to pull the coat out of the closet and go back to work. <br>Source: http://www.latimes.com/news/local/la-me-hollywood-greeter-20130808,0,1980005.story